Actifio Named “Top 50 Most Promising Company” by Forbes Magazine

Company Recognized for Record Growth, Quality of Management, Customer Adoption, and Partner Ecosystem

WALTHAM, Mass.--(BUSINESS WIRE)--Actifio™, the radically simple copy data storage company, today announced that it has been named to Forbes list of America’s Most Promising Companies for 2013. As a part of the ‘Nifty 50,’ Forbes recognizes Actifio’s growth momentum and worldwide customer adoption of copy data storage solutions, which propelled the company to 700 percent growth in 2012. Actifio recently introduced a new product family, pricing options, deployment tools, and software functionality to makes its copy data storage even easier to buy, approve and use in 2013.

“This accolade affirms what our users have known for several years now – that it’s time we leveraged the tools and techniques of virtualization to free ourselves from the complex tangle of data protection and availability applications consuming more and more of our IT budgets.”

“We’re proud and humbled to have been included in the Forbes list this year,” said Ash Ashutosh, Actifio Founder & CEO. “This accolade affirms what our users have known for several years now – that it’s time we leveraged the tools and techniques of virtualization to free ourselves from the complex tangle of data protection and availability applications consuming more and more of our IT budgets.”

Today’s enterprise IT infrastructure faces a tidal wave of data, coupled with the growing cost and complexity of the software tools, hardware, and personnel required to manage it. Savvy IT executives are recognizing that the driver of this exponential growth is the copy data – redundant copies of corporate data created by point tools to meet the business requirements to protect, share, and analyze information. With a purpose-built solution to address the root cause of the copy data problem – siloed data protection and availability applications - Actifio offers customers the ability to recover anything instantly for a total cost of ownership up to 90 percent less than the traditional model.

About Forbes’s Methodology:

For the Most Promising list Forbes strove for a holistic gauge of privately held companies, trying to pin down their trajectories by looking at a slew of variables. Over the course of six months Forbes reviewed thousands of applications. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. Forbes worked with CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine our search. Their MOSAIC software scanned 45,000 sources to measure a company's health. A new distribution deal, for example, marks a positive signal, while the loss of an executive is a negative. MOSAIC gathers those myriad signals into a final score that Forbes uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, Forbes produced a final ranking.

About Actifio

Actifio is radically simple copy data management. Our copy data storage platform lets businesses recover anything instantly, for up to 90 percent less. Actifio eliminates siloed data protection applications, virtualizing data management to deliver an application-centric, SLA-driven solution that decouples the management of data from storage, network and server infrastructure. Actifio has helped liberate IT organizations and service providers of all sizes from vendor lock-in and the management challenges associated with exploding data growth. Actifio is headquartered in Waltham, Mass., with offices around the world. For more information, please visit http://www.actifio.com or email [e-mail].

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